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commerce germany OFFICIAL PUBLICATION OF THE AMERICAN CHAMBER OF COMMERCE IN GERMANY Acting Globally Together: Corporate Responsibility 2015 Cover Story: Energy – Sustainable Production Top 50: Solid Growth for US Firms in Germany Investment Region: Saxony Access Your Global Network: Japan September 2015 VOL 13 ISSUE 4 7.70 OFFICIAL PUBLICATION OF THE AMERICAN CHAMBER OF COMMERCE IN GERMANY

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commerce germanyO F F I C I A L P U B L I C A T I O N O F T H E A M E R I C A N C H A M B E R O F C O M M E R C E I N G E R M A N Y

Acting Globally Together: Corporate Responsibility 2015 Cover Story: Energy – Sustainable Production

Top 50: Solid Growth for US Firms in Germany

Investment Region: Saxony

Access Your Global Network: Japan

September 2015 • VOL 13 • ISSUE 4 €7.70

O F F I C I A L P U B L I C A T I O N O F T H E A M E R I C A N C H A M B E R O F C O M M E R C E I N G E R M A N Y

Page 2: Complete fourth issue

Independence

knows no bounds

Experience independence in all of its many facets. No matter where you live or

where you happen to be at the moment, we want you to benefit from our services.

Through our subsidiaries in Europe and the U.S., we are well versed with the law

on the international level as well. And we have been actively engaged worldwide

with dedication and pioneering spirit for over 50 years. www.ARAG.com

ARAG. Dive into life.

08-016-Imageanz-engl-21x28-AmCham-18082015-M.indd 1 20.08.15 12:08

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September 2015 commerce germany 3

a m c h a m g e r m a n y v i e w p o i n t

The Energiewende is not just a national project. We are seeking to join forces with our European and international partners.

Sigmar Gabriel,Federal Minister for Economic Affairs and Energy

Energy transition – opportunities for investment and innovation

Energy security, environmental compatibility and economic viability: combining these three goals is what the German energy transition (Energiewende) is all about. This will enable us to encourage environmentally and economically sustainable growth, create jobs in the sectors of the future, be resourceful with our use of valuable commodities and protect our climate.

We are proud to be spearheading a forward-looking energy policy that is committed to these goals. In undertaking our energy reforms, we have set out on an ambitious, long-term and solid path, and have already come a long way. Today, 28% of our electricity comes from renewable sources, and we are using energy ever more efficiently. Compared to the 1990s, Germany cut greenhouse gas emissions by 27% (2014). In addition, the energy transition has opened up important new fields of business.

Recently we have taken the necessary steps enabling us to swiftly expand the grid and take our citizens on board, design a viable electricity market for the future, promote climate-friendly cogeneration tech-

nology, and reach our climate targets. With this ambitious program we pull together the different strands of the energy transition and define clear objectives and targets, allowing stakeholders to plan ahead. We safeguard innovation and competition, ensuring that electricity providers commit to meeting their supply obligations, and furnishing them with a reliable basis for their investments. We guarantee free price formation, ensuring that everything is anchored in the internal European market.

Germany remains committed to reducing CO2 emissions by 40% by 2020 com-pared to 1990 levels and ensures this can be achieved by means that are both economically and socially ac-ceptable. However, the energy transition is not just a national project. It represents a global trend. The share of renewables in energy sources and investments in renewable energy production have increased globally in recent years. We are actively seeking to join forces with our European and international partners. The G7, under Germany’s presidency, has adopted agreements that pave the way for a sustainable energy supply. And we are intensifying collaboration with our neighbors. Cross-border sales of electricity, for example, help to ensure a secure and cost-efficient energy supply.

We want to further build on our collaboration with the US. Companies on both sides of the Atlantic can derive tremendous benefit from the changing global energy landscape. This is why we should work together to promote open, transparent and competitive energy markets. The ongoing negotiations on TTIP allow us to define international standards in this area and to send a clear message to the international community. Let us take advantage of this opportunity.

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Additional Information:Karin Gangl, FRANKFURT BUSINESS MEDIA GmbH – Der F.A.Z.-Fachverlag, Frankenallee 68–72, 60327 Frankfurt am Main, T +49 69 7591-2217, E [email protected]

www.transatlantic-marketplace.com

TR ANSATL ANTICBusiness Conference

Ninth Annual Transatlantic Business ConferenceStrategic inspiration and impulses for the economic and political partnership

Oct. 28-29, 2015Commerzbank Tower, Frankfurt/Main • Hilton Frankfurt Airport, Frankfurt/Main

The Transatlantic Marketplace 2015:Entrepreneurial Responsibility in a Changing World

Speakers include (in alphabetical order):

Andy Goldstein, Managing Director, Deloitte Digital GmbH

Julie Sweet, Group Chief Executive North America, Accenture

Dr. rer. pol. Johannes Thimm, Deputy Head of the Research Division The Americas, German Institute for International and Security Affairs

Ulrich Grillo, President, Federation of German Industries (BDI)

Bernhard Mattes, President, AmCham Germany

Jürgen R. Thumann,Chairman of the Advisory Board, Heitkamp & Thumann Group

Penny Pritzker, US Secretary of Commerce

José Manuel González-Páramo, EU Chair, TABD; Executi-ve Member of the Board of Directors, BBVA

Kurt Tong, Principal Deputy Assistant Secretary for the Bureau of Economic and Business Affairs, US Department of State

Elmar Brok, Member of the European Parliament

Michael Reuther, Member of the Board of Managing Directors, Commerzbank AG

Martin Risau, Senior Vice President, Analytics & Data Management Practice, HP Enterprise Services

Reinhard Clemens, Member of the Board of Management, Deutsche Telekom AG; CEO, T-Systems

Gisbert Rühl,CEO, Klöckner & Co SE

Dr. Wolfgang Eder, CEO and Chairman of the Management Board of voestalpine AG

Prof. Dr. Siegfried Russwurm, Member of the Mana-ging Board, Siemens AG

John B. Emerson, US Ambassador to Germany

Wayne T. Smith, Member of the Board of Executive Directors, BASF SE

Bob Schassler, Executive Vice President, Solutions & Services; Motorola Solutions

ORGANIZERS CO-ORGANIZERS

MEDIA PARTNERS

IN COOPERATION WITH

Dr. Christoph von Marschall, Chief Diplomatic Correspondent, Der Tagesspiegel

John Cryan, Co-Chief Executive Officer, Deutsche Bank AG

PARTNERS

DINNER RECEPTION HOST

TWK_Anzeige_210x280_CommerceGermany.indd 1 14.09.2015 12:52:17

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September 2015 commerce germany 5

c o n t e n t s

new memberschamber calendar

Cover: Nanda Bergstein, Head of Vendor Relations and Sustainability, Tchibo

2627

cover story Energy – Sustainable Production06

from amcham germany membersmember know-how: Plugging into Battery Storage – Legal Aspects

executive member spotlight: Macquarie – Still Pioneering for Investors in Infrastructure

amcham germany asks: Bianca Bourbon, Coca-Cola GmbH

121316

amcham germany member supporttop 50 us companies in germany: Modest Growth in 2014

policy issues: Gemeinsam Global Handeln – Best Practices in Corporate Responsibility

investment region: Saxony – Industrial Strength and Innovation

91418

amcham germany eventsevent report

summer celebrations

2222

chamber newsspecial feature: US Interns Meet in Berlin – AmCham Germany’s US-German Internship Program

amcham germany in the press

1724

Additional Information:Karin Gangl, FRANKFURT BUSINESS MEDIA GmbH – Der F.A.Z.-Fachverlag, Frankenallee 68–72, 60327 Frankfurt am Main, T +49 69 7591-2217, E [email protected]

www.transatlantic-marketplace.com

TR ANSATL ANTICBusiness Conference

Ninth Annual Transatlantic Business ConferenceStrategic inspiration and impulses for the economic and political partnership

Oct. 28-29, 2015Commerzbank Tower, Frankfurt/Main • Hilton Frankfurt Airport, Frankfurt/Main

The Transatlantic Marketplace 2015:Entrepreneurial Responsibility in a Changing World

Speakers include (in alphabetical order):

Andy Goldstein, Managing Director, Deloitte Digital GmbH

Julie Sweet, Group Chief Executive North America, Accenture

Dr. rer. pol. Johannes Thimm, Deputy Head of the Research Division The Americas, German Institute for International and Security Affairs

Ulrich Grillo, President, Federation of German Industries (BDI)

Bernhard Mattes, President, AmCham Germany

Jürgen R. Thumann,Chairman of the Advisory Board, Heitkamp & Thumann Group

Penny Pritzker, US Secretary of Commerce

José Manuel González-Páramo, EU Chair, TABD; Executi-ve Member of the Board of Directors, BBVA

Kurt Tong, Principal Deputy Assistant Secretary for the Bureau of Economic and Business Affairs, US Department of State

Elmar Brok, Member of the European Parliament

Michael Reuther, Member of the Board of Managing Directors, Commerzbank AG

Martin Risau, Senior Vice President, Analytics & Data Management Practice, HP Enterprise Services

Reinhard Clemens, Member of the Board of Management, Deutsche Telekom AG; CEO, T-Systems

Gisbert Rühl,CEO, Klöckner & Co SE

Dr. Wolfgang Eder, CEO and Chairman of the Management Board of voestalpine AG

Prof. Dr. Siegfried Russwurm, Member of the Mana-ging Board, Siemens AG

John B. Emerson, US Ambassador to Germany

Wayne T. Smith, Member of the Board of Executive Directors, BASF SE

Bob Schassler, Executive Vice President, Solutions & Services; Motorola Solutions

ORGANIZERS CO-ORGANIZERS

MEDIA PARTNERS

IN COOPERATION WITH

Dr. Christoph von Marschall, Chief Diplomatic Correspondent, Der Tagesspiegel

John Cryan, Co-Chief Executive Officer, Deutsche Bank AG

PARTNERS

DINNER RECEPTION HOST

TWK_Anzeige_210x280_CommerceGermany.indd 1 14.09.2015 12:52:17

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Energy-efficient processes

Resource-efficient technologies

Reusing and recycling

Energy – Sustainable Production As the demand for goods increases amid a growing global population, so does the demand for energy

and natural resources. This means we need to find new, renewable sources of energy and become more

resource-efficient in our production. Sustainable production includes creating goods and services with

processes and systems that are environmentally friendly, socially rewarding and economically viable.

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6 commerce germany September 2015

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September 2015 commerce germany 7

The debate goes on and on – is there such a thing as global warming, is it significant, what could be the causes and effects? No matter the outcome of the debate, it is

nevertheless prudent for companies to conserve resources and reduce the impact of their business activities on the environment. This is part of their corporate responsibility and it applies both to en-ergy consumption and CO2 emissions.

To a small company this might already sound like some challenge. But when a company oper-ates in 66 countries, has 39,000 employees and 69 production facilities around the world, it defi-nitely needs a plan. The first step is to establish a baseline in order to gauge progress. Merck set 2006 as the base year for CO2 emissions and en-ergy consumption. Then, a target: reduce green-house gas emissions by 20% by 2020. Merck´s energy efficiency and climate protection program kicked off in 2009. Twenty sites accounted for 80% of the total greenhouse gas emissions, so those took priority. The company´s approach is two-pronged: reduce greenhouse gas emissions

Growing environmental awareness, am-bitious targets for climate and resourc-es protection and the need to main-tain strong and sustainable economic

growth – the call for establishing a circular econo-my has reached the top of the European environ-mental and economic policy agenda. An important element of circularity is taking care of processes after the sale of the product: reverse supply chain services, including recycling of materials.

Moving away from a take-make-dispose model

According to a 2015 report, in the European Un-ion alone, adopting circular economy principles could create an annual net benefit of €1.8 trillion by 2030 if manufacturers and consumers move away from today’s take-make-dispose model. Resource yields need to be optimized towards a circulation of products, components and materi-

during energy generation and use energy more efficiently.

One of the advantages of a big corporation is sharing best practices. Often, a project works so well, it is rolled out globally, such as the photo-voltaic plants first set up in Billerica and Bedford, Massachusetts, then in Shanghai, Guatemala City, Tel Aviv, Rome, and Molsheim, France.

Other times, the teams had to think outside the box to come up with unique solutions. For exam-ple, at Merck’s production site in Goa, India, farm-ers’ waste coconut and cashew shells are burnt in a new carbon-neutral biomass power plant. This cut CO2 emissions by 11,500 metric tons per year. And a new biomass central heating plant in Jaffrey, New Hampshire, burns more read-ily available wood chips, cut-ting CO2 emissions by 3,500 metric tons per year.

After the 2011 tsunami disaster in Japan, Merck

Sustainable Production – Global Companies Need a Global Plan

Energy – Sustainable Production

Reduce greenhouse gas emis-sions during energy generation and use energy more efficiently

Frank Gotthardt Head of Public Affairs & Corporate Responsibility Merck W www.merckgroup.com

Reverse Logistics – Closing the Loopals at the highest utilization, conserving value throughout the product life cycle by ef-ficiently closing material loops.

Manufacturers play a key role in this concept. They need to actively address the returns management of their products and implement ap-propriate take-back systems. Reverse logistics providers like the Reverse Logistics Group (RLG) help their customers to close material loops and conserve or return value and valuable resources. With inte-grated approaches to reverse chain and recycling, sustainability becomes an asset for manufacturers.

Value return services increase the end-of-life value of products by extending their life cy-cle through repairing, replacing or refurbishing. Through efficient take-back systems, for instance,

turned to geothermal energy to generate heat-ing and cooling. The site at Atsugi now operates 68 geothermal heat exchangers with a thermal capacity of 270 kW, making it one of the largest geothermal plants in Japan. Energy consumption there is down 10%, reducing CO2 emissions by about 300 metric tons annually.

In Darmstadt, a €30 million OLED production plant is under construction. Not only are OLEDs an energy saver for consumers, the new building will be highly efficient and use energy from one of the company’s two new highly efficient energy stations.

lead starter batteries are shipped back to a lead smelter or electronic equipment is routed through environmentally sound multi-stage recycling pro-cesses in order to gain secondary materials for reuse. Ultimately, manufacturers can secure a significant share of material supply by creating their own material loop. This also helps them to free themselves of the risk of price volatility in commodity markets.

Close material loops and conserve or return valuable resources

Patrick Wiedemann CEO Reverse Logistics GmbH W www.rev-log.com W www.return-to-value.com

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c o v e r s t o r y

Forecasting long-term energy trends begins with a simple fact: people need energy. Energy demand has dramatically increased in recent years and will continue to grow

by an estimated 35% from 2010 to 2040. Balancing economic growth, social development and environmental protection is at the heart of tomorrow’s sustainable energy production.

Energy is vital to virtually every aspect of modern life. Around the clock, around the globe, people rely on energy to get to work, prepare meals, pursue business endeavors, communicate with friends and much more. Be-hind the scenes, even more energy is used to expand and modernize cities, to manufacture products people rely upon every day and to generate electricity for thousands of uses. Over the next few decades, population and income growth are expected to create new demands for energy. Oil and natural gas will be essential to meeting this rising need. ExxonMobil is a global provider of the energy that is critical to driv-ing progress and improving the lives of people around the world.

Providing cleaner energy …

Stakeholders are increasingly interested in how companies are addressing sustainability chal-lenges in their operations. ExxonMobil is com-mitted to balancing economic growth, social development and environmental protection, so future generations are not compromised by ac-tions taken today.

By designing the sustainability approach around six key focus areas, the company contrib-utes to society’s broader sustainability objectives.

Energy-Efficient Production and Cleaner EnergyEnvironmental dimensions such as environmental per- formance and managing climate change risks are part of this holistic ap-proach as much as social dimensions such as a safe, healthy workplaceand so-cial or community impacts. Furthermore, on an eco-nomic dimension, corpo-rate governance and local development are also an integral part of sustain-able development.

Our society is faced by the dual challenge of meeting the world’s energy needs while man-aging the environmental effects – including climate change – of energy use. As an energy provider, ExxonMobil is helping to meet the chal-lenge by supplying cleaner burning natural gas, developing emissions-reducing technologies, encouraging energy efficiency, and pursu-ing research to advance the search for solutions.

… and high-tech products to reduce use of resources

Additionally, ExxonMobil sup-ports the manufacturing indus-try in reducing its environmental impact through other products, for example by providing high-performance lubricants for extended oil life, excellent wear protection, fric-tion reduction and corrosion inhibition. These products help to lower energy and

A dual challenge: meeting energy needs and managing envi-ronmental impact of energy use

H. Herbert KrebühlMember of the BoardExxonMobil Central Europe Holding GmbHW www.exxonmobil.de

material consumption as well as to extend main-tenance intervals. Furthermore, the lubricants business focuses on material and energy effi-ciency solutions as well as the establishment of energy management systems, giving ExxonMobil industrial lubricants customers the opportunity to make this their success factor.

8 commerce germany September 2015

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September 2015 commerce germany 9

Consulting: Market Research, Sales Representation, Investment Strate gies, Strategic Partner Search, Event Planning & ExecutionTax Services: Cross-border Corporate & Individual Income Tax Planning, Estate Tax Planning, Avoidance of Double Taxation, Compliance, Back Office ServicesLegal Issues: Incorporation, Immigration & Collection Services.

IHRE BRÜCKE IN DIE USA European-American Business Organization, Inc. (EABO)Sven C. Oehme, CEO405 Lexington AvenueThe Chrysler Building, 37th Fl.New York, NY 10174Telephone: +1 212 972 3035 Facsimile: +1 212 972 3026Email: [email protected]

www.eabo.biz

2015_AnzeigeEABO.indd 1 11.09.2015 16:00:44

t o p 5 0 u s c o m p a n i e s i n g e r m a n y

Top 30 US Employers in Germany

Employees 2014

1. McDonald's Deutschland Inc. 60,0001, 2

2. Ford-Werke GmbH 23,441

3. Adam Opel AG 22,298

4. Manpower GmbH & Co. KG3 20,000

5. United Parcel Service Deutschland Inc. & Co. OHG

18,000

6. IBM Gruppe 16,5001

7. Johnson Controls4 16,0001

8. Douglas Holding AG 15,3001

9. Procter & Gamble Germany 13,000

10. TRW Automotive Deutsche Gruppe 10,5005, 6

11. Amazon.de 10,0005, 6

12. Coca-Cola Deutschland 10,000

13. Hewlett-Packard GmbH 9,000

14. Aramark Holdings GmbH & Co. KG3 8,2926

15. Goodyear Dunlop Tires Germany 7,4005, 6

16. GE Germany 7,200

17. Federal-Mogul 7,0001

18. John Deere GmbH & Co. KG 6,950

19. Yum Restaurants International Ltd. & Co. KG3, 7

6,6001, 2

20. 3M Deutschland GmbH 6,200

21. Terex Germany3 6,0001

22. Lear Corporation 5,5001

23. United Technologies Corporation 5,387

24. EATON Gruppe 5,1001

25. Dow Deutschland 5,0005

26. Caterpillar Gruppe 4,8005, 6

27. AGCO GmbH 4,500

28. TE Connectivity Germany GmbH 4,500

29. Thermo Fisher Scientific Germany3 4,5001

30. Honeywell Deutschland Holding GmbH 4,420

1) Estimate.2) Including franchises.3) Significant US employer but not in Top 50 Ranking due to smaller

revenue.4) Data including Johnson Controls Automotive Experience, Building

Efficiency and Power Solutions.5) Employee data is a company estimate.6) Data taken from company website and/or annual report pursuant to

SEC filing requirements (Form 10-K).7) Data including Pizza Hut and Kentucky Fried Chicken.

For the eighth year in a row, Ford-Werke GmbH tops AmCham Germany’s ranking of the Top 50 US Companies in Germany based on sales revenue. The car manufac-

turer generated nearly €17.5 billion in sales in 2014, followed by fellow automaker Adam Opel (€13.5 billion). Rounding up the top three was ExxonMobil Central Holding GmbH with €12.1 billion in sales in 2014.

Top 30 US Employers in Germany

In addition to the Top 50 Ranking, AmCham Germany lists the Top 30 US Employers in Ger-many. In 2014, these companies accounted for more than 340,000 jobs, with McDonald’s Deutschland taking the lead.

Membership Survey: Making Germany fit for the future

AmCham Germany also uses its annual ranking to find out how US members view Germany as a business location. In comparison to last year, Germany was given a better overall grade of 2.1 (2014: 2.2) on a scale from 1 (excellent) to 6 (un-satisfactory). Nonetheless, respondents also gave the country a clear mandate: 64% believe that securing Germany’s highly-qualified workforce is a prerequisite for future growth. Moreover, half of survey respondents want to accelerate Germa-ny’s digital transformation, while 46% rank the Transatlantic Trade and Investment Partnership (TTIP) as one of the most important policy ini-tiatives. Asked specifically about the TTIP agree-ment, eight out of ten top executives said it will have a positive effect on transatlantic research cooperation.

Modest Growth in 2014 – Top 50 US Companies in GermanyIn 2014, the Top 50 US Companies in Germany managed to achieve a

slight increase in overall sales revenue. According to AmCham Germany’s

annual survey, Germany’s attractiveness as a business location is increasing.

However, work still needs to be done to foster more innovation.

More action needed to foster innovation

When surveyed on the topic of innovation, nearly two-thirds of participants said they currently view the US as the main driver of innovation worldwide (Germany: 28%). However, by 2025 most re-spondents expect that both the US and China will stand on equal footing, while only 12% feel that Germany will remain an influential player. In or-der to strengthen Germany’s innovative capacity, 62% call for more acceptance in German society for new technology, and 52% believe that a more entrepreneur-friendly culture should be fostered.

▸ For more information about the Top 50 Ranking, please contact [email protected]

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10 commerce germany September 2015

t o p 5 0 u s c o m p a n i e s i n g e r m a n y

Note: If more than one top executive is given, names are listed alphabetically.

Company Top executive(s) Address Sales in 2014 (€) Employees US parent company Branch/industry

1. Ford-Werke GmbHwww.ford.de

Bernhard Mattes Henry-Ford-Str. 150735 Cologne

17,470,000,000 23,441 Ford Motor CompanyDearborn, MI

Automotive

2. Adam Opel AGwww.opel.de

Dr. Karl-Thomas Neumann Bahnhofsplatz65423 Rüsselsheim

13,487,244,000 22,298 General Motors CompanyDetroit, MI

Automotive

3. ExxonMobil Central Europe Holding GmbHwww.exxonmobil.com

Dr. Manfred G. Bullinger, Dr. Gernot K. Kalkoffen, H. Herbert Krebühl, Jobst D. Siemer

Caffamacherreihe 520355 Hamburg

12,100,000,000incl. petroleum tax

3,2001 Exxon Mobil CorporationIrving, TX

Oil and gas (upstream and downstream), chemicals

4. Amazon.de2

www.amazon.deRalf Kleber Moosacher Str. 51

80809 Munich9,344,000,0003, 4 10,0004, 5 Amazon.com, Inc.

Seattle, WAInternet retail

5. Phillips 662, 6

www.jet-tankstellen.deBarry Quinn Caffamacherreihe 1

20355 Hamburg7,388,000,0003, 4

incl. petroleum tax225estimate

Phillips 66Houston, TX

Energy

6. IBM Gruppe2

www.ibm.comMartina Koederitz IBM-Allee 1

71139 Ehningen7,000,000,000estimate

16,500estimate

IBM CorporationArmonk, NY

IT

7. Hewlett-Packard GmbHwww.hp.com/de

Heiko Meyer Herrenberger Str. 14071034 Böblingen

6,400,000,000 9,000 Hewlett-Packard CompanyPalo Alto, CA

IT

8. Philip Morris GmbH (PMG)www.pmi.com

Stacey Kennedy Am Haag 1482166 Gräfelfing

6,100,000,0007

incl. tobacco tax2,4001, 5 Philip Morris International

New York, NYTobacco

9. Apple2

www.apple.deGene Daniel Levoff, Gary Joseph Wipfler

Arnulfstr. 1980335 Munich

5,100,000,000estimate

1,000estimate

Apple Inc.Cupertino, CA

Computers, IT services

10. GE Germany2

www.ge.com/deProf. Dr. Stephan Reimelt Bleichstr. 64-66

60313 Frankfurt/M5,000,000,000estimate

7,200 General Electric (GE)Fairfield, CT

Energy, technology, service

11. Ingram Micro2

www.ingrammicro.deErnesto Schmutter Heisenbergbogen 3

85609 Aschheim4,700,000,000estimate

1,5004, 5 Ingram Micro Inc.Santa Ana, CA

IT distribution

12. Dow Deutschland2

www.dow.comDr. Willem Huisman Am Kronberger Hang 4

65824 Schwalbach3,600,000,000 5,0005 The Dow Chemical Company

Midland, MIChemicals, plastics

13. John Deere GmbH & Co. KGwww.deere.de

Markwart von Pentz, Dr. Carolin Weirauch,Christoph Wigger

John-Deere-Str. 876646 Bruchsal

3,390,000,000 6,950 Deere & CompanyMoline, IL

Farm equipment

14. Microsoft Deutschland2

www.microsoft.com/de-deAlexander Stüger Konrad-Zuse-Str. 1

85716 Unterschleißheim3,300,000,000estimate

2,700 Microsoft CorporationRedmond, WA

IT, software

15. Johnson Controls2, 8

www.johnsoncontrols.deRobert Bruce McDonald, Jerome Dennis Okarma, Dr. Reiner Spatke

Industriestr. 20-3051399 Burscheid

3,186,000,0003, 4 16,000estimate

Johnson Controls, Inc.Milwaukee, WI

Automotive

16. McDonald’s Deutschland Inc.www.mcdonalds.de

Marcus Almeling, Holger Beeck, Wolfgang Goebel, Michael Th. Werner

Drygalski-Allee 5181477 Munich

3,000,000,000estimate

60,000estimate, incl. franchises

McDonald’s CorporationOak Brook, IL

Quickservice restaurants

17. Procter & Gamble Germany2

www.pg.com/de_DEFranz-Olaf Kallerhoff Sulzbacher Str. 40-50

65824 Schwalbach3,000,000,000estimate

13,000 The Procter & Gamble Co.Cincinnati, OH

Consumer goods

18. Cargill Gruppe2, 9

www.cargill.deLudger te Laak Cerestarstr. 2

47809 Krefeld2,700,000,000 1,744 Cargill Incorporated

Minnetonka, MNFood manufacturing

19. Intel2

www.intel.deHannes Schwaderer Dornacher Str. 1

85622 Feldkirchen2,600,000,000estimate

2,8004, 5 Intel CorporationSanta Clara, CA

Computer components

20. TRW Automotive Deutsche Gruppe2, 10

www.trw.de

Dr. Michael Büchsner Mergenthalerallee 4565760 Eschborn

2,600,000,000estimate

10,5004, 5 TRW Automotive Inc.Livonia, MI

Automotive supplies and systems

21. 3M Deutschland GmbHwww.3m.de

Reza Vaziri Carl-Schurz-Str. 141453 Neuss

2,400,000,000 6,200 3M CompanySt. Paul, MN

Multi-technology

22. Arrow Central Europe GmbHwww.arroweurope.com

Andrew King, Robert Schickhoff

Frankfurter Str. 21163263 Neu-Isenburg

2,400,000,000estimate

1,000estimate

Arrow ElectronicsInverness, CO

Electronics

23. Douglas Holding AG10

www.douglas-holding.deDr. Henning Kreke, Hans-Hermann Lotter

Kabeler Str. 458099 Hagen

2,350,000,000estimate

15,300estimate

Advent International Corp.Boston, MA

Retail

24. Google Germany2, 11

www.google.dePhilipp Justus ABC-Str. 19

20354 Hamburg2,200,000,000estimate

750estimate

Google Inc.Mountain View, CA

Internet services

25. Mondelēz Deutschland2

www.mondelezinternational.comAxel Erdmann, Jürgen Leiße, Thorsten Rodehüser

Langemarckstr. 4-2028199 Bremen

2,100,000,000estimate

3,400estimate

Mondelēz International, Inc.Deerfield, IL

Food manufacturing

26. Unitymedia KabelBW GmbH12

www.unitymedia.deLutz Schüler Aachener Str. 746-750

50933 Cologne2,052,300,0004 2,5504, 5 Liberty Global plc

London, United KingdomTelecommunications, media

1) Employee data for 2013.2) In cases where no corporate identity is given (e.g., GmbH, AG or KG), sales are generally combined from

multiple sources; that is, from various associated companies. 3) Sales data converted from US Dollars and rounded based on average annual exchange rate for 2014.4) Data taken from company website and/or annual report pursuant to SEC filing requirements (Form 10-K).

5) Employee data is a company estimate.6) Employee estimate for JET Tankstellen Deutschland GmbH.7) Sales data for 2013.8) Data including Johnson Controls Automotive Experience, Building Efficiency and Power Solutions.9) Data including Cargill Deutschland GmbH, Cargill GmbH and Cargill Texturizing Solutions (not consolidated).

Page 11: Complete fourth issue

September 2015 commerce germany 11

Company Top executive(s) Address Sales in 2014 (€) Employees US parent company Branch/industry

27. Celanese GmbH13

www.celanese.deJens Kurth, Michael Willms

Am Unisys Park 165843 Sulzbach

2,028,000,000 1,531 Celanese CorporationIrving, TX

Chemicals

28. Caterpillar Gruppe2

www.cat.comOswald Schöffel, Christian Wüst

Falckensteiner Str. 224159 Kiel

2,000,000,000estimate

4,8004, 5 Caterpillar Inc.Peoria, IL

Machinery manufacturing

29. Coca-Cola Deutschland2

www.coca-cola-deutschland.deBianca Bourbon, Ulrik Nehammer

Stralauer Allee 410245 Berlin

2,000,000,000 10,000 The Coca-Cola CompanyAtlanta, GA

Beverages

30. Johnson & Johnson Gruppe2

www.jnjgermany.deLuc Huys, Hans Wormann

Johnson & Johnson Platz 241470 Neuss

1,950,000,000estimate

4,000estimate

Johnson & JohnsonNew Brunswick, NJ

Healthcare products

31. Lear Corporation2

www.lear.comJörg Finke, Robert C. Hooper, Marcus Kötting

Vor der Schanz 165462 Ginsheim-Gustavsburg

1,825,000,0003, 4 5,500estimate

Lear CorporationSouthfield, MI

Motor vehicle manufacturing

32. Mars GmbHwww.mars.de

Tom Albold, Tomasz Pawlowski

Industriering 1741751 Viersen

1,800,000,000 2,2005 Mars Inc.McLean, VA

Food, petfood

33. Pfizer Deutschland2

www.pfizer.dePeter Albiez Linkstr. 10

10785 Berlin1,800,000,000estimate

2,000 Pfizer Inc.New York, NY

Pharmaceutical and medical manufacturing

34. Goodyear Dunlop Tires Germany2

www.goodyear.de

Jürgen Titz Dunlopstr. 263450 Hanau

1,794,000,0003, 4 7,4004, 5 The Goodyear Tire & Rubber CompanyAkron, OH

Tire industry

35. eBay2

www.ebay.deStephan Zoll Albert-Einstein-Ring 2-6

14532 Kleinmachnow1,652,000,0003, 4 1,0004, 5 eBay Inc.

San Jose, CAInternet services

36. Nike Deutschland2

www.nike.comDaniel Eppler Otto-Fleck-Schneise 7

60528 Frankfurt/M1,600,000,000estimate

300estimate

Nike Inc.Beaverton, OR

Sports equipment

37. EATON Gruppe2

www.eaton.comChristof Spiegel, Enzo Strappazzon

Hein-Möller-Str. 7-1153115 Bonn

1,500,000,000estimate

5,100estimate

EATON CorporationCleveland, OH

Power management

38. Ball Packaging Europe2

www.ball-europe.comJean-Pierre Lefebvre,Gerd Schildgen

Georg-von-Boeselager-Str. 2553117 Bonn

1,450,000,000estimate

1,0905 Ball CorporationBroomfied, CO

Metal product manufacturing

39. AGCO GmbHwww.fendt.com

Peter-Josef Paffen Johann-Georg-Fendt-Str. 487616 Marktoberdorf

1,400,000,00014 4,500 AGCO CorporationDuluth, GA

Farm equipment

40. MSD SHARP & DOHME GMBHwww.msd.de

Hanspeter Quodt Lindenplatz 185540 Haar

1,300,000,000 1,300 MERCK & Co., Inc.Kenilworth, NJ

Pharmaceuticals

41. United Technologies Corporation2, 15

www.utc.com

Udo Hoffmann Otisstr. 3313507 Berlin

1,296,000,0003 5,387 United Technologies CorporationHartford, CT

High-tech products, research

42. Dell2

www.dell.deDoris Albiez, Mark Möbius,Jürgen Renz

Main Airport Center, Unterschweinstiege 1060549 Frankfurt/M

1,200,000,000estimate

1,8004, 5 Dell Inc.Round Rock, TX

Computers, IT services

43. Texas Instruments Deutschland2

www.ti.com

Dr. Wolfram Tietscher Haggertystr. 185356 Freising

1,200,000,000estimate

1,650estimate

Texas Instruments Inc.Dallas, TX

Electronic equipment

44. DuPont2

www.dupont.deChristian Beers Hugenottenallee 173-55

63263 Neu-Isenburg1,184,000,0003, 4 1,200

estimateE. I. du Pont de Nemours and CompanyWilmington, DE

Chemicals, plastics, biosciences, energy

45. TE Connectivity Germany GmbH12

www.te.com

Eric Küppers, Thomas Schmidt

Ampèrestr. 12-1464625 Bensheim

1,175,000,000 4,5005 TE Connectivity Ltd.Schaffhausen, Switzerland

Electronics

46. United Parcel Service Deutschland Inc. & Co. OHGwww.ups.com

Frank Sportolari Görlitzer Str. 141460 Neuss

1,175,000,000estimate

18,000 United Parcel Service, Inc.Altanta, GA

Parcel and express delivery, logistics services

47. Federal-Mogul2

www.federalmogul.comThomas Peterhänsel Stielstr. 11

65201 Wiesbaden1,171,000,0003, 4 7,000

estimateFederal-Mogul CorporationSouthfield, MI

Automotive

48. Oracle2, 16, 17

www.oracle.com/deFrank Obermeier Riesstr. 25

80992 München1,149,000,0003, 4 2,087 Oracle Corporation

Redwood City, CAIT, software

49. Honeywell Deutschland Holding GmbHwww.honeywell.de

Matthias Maaz, Reiner Turban

Strahlenbergerstr. 110-11263067 Offenbach

1,128,600,000 4,420 Honeywell International, Inc.Morristown, NJ

Control technologies, aerospace, specialty chemicals, transpor-tation systems

50. Parker Hannifin GmbHwww.parker.com

Dr.-Ing. Hans-Jürgen Haas, Günter Schrank, Ellen Raahede Secher, Kees Veraart

Am Metallwerk 933659 Bielefeld

1,014,000,000 4,008 Parker Hannifin CorporationCleveland, OH

Motion and control technologies and systems

10) US parent company data for 2014.11) Sales data including Google Play and YouTube.12) Majority of parent company shares in US possession.13) Sales data for European markets consolidated in Celanese GmbH.14) Sales data is a company estimate.

15) Top executive and German address data for OTIS & Co. OHG.16) Employee data for Oracle Deutschland B.V. & Co. KG.17) Sales data through end of May 2015.

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12 commerce germany September 2015

Dr. Peter Nagel, LL.M.CounselMETIS Rechtsanwälte LLPUntermainkai 3060329 Frankfurt/MT +49 69 271 38 89 0F +49 69 271 38 89 715E [email protected] www.metis-legal.de

m e m b e r k n o w - h o w

The EU Blue Card Directive (Council Direc-tive 2009/50/EC) of May 25, 2009 was adopted to facilitate the admission and mobility of highly qualified migrants and

their families from non-EU countries. This Directive – applicable in the EU, except

for the UK, Ireland and Denmark – is intended to help meet the increasing demand for skilled workers in Europe, e.g. engineers and IT spe-cialists. In Germany, the Transposition Act for the Blue Card Directive came into force on Au-gust 1, 2012 and resulted in the EU Blue Card as new residence title (Sec. 19a of the German Residence Act). European Commission statistics point to wide variations between member states in the number of Blue Cards granted, and by far the most Blue Cards have been granted in Ger-many. (2012: 2,584 – approx. 70% of all Blue Cards; 2013: at least 14,197 – approx. 90% of all Blue Cards).

To successfully apply for a Blue Card in Ger-many, applicants must meet general admission conditions such as completed application forms, a valid passport and biometric photo, health in-surance protection, rental agreement and local

registration. In addition, further preconditions must be met: Applicants must provide proof of higher edu-

cation. If not acquired in Germany, it needs to be recognized or comparable to a German qualification.

Applicants must provide proof of a specific job offer, or present an existing/signed employ-ment contract. This job offer or contract must include the mention of a fixed annual salary.

If the minimum gross annual salary (€48,400) threshold is satisfied, the Blue Card does not re-quire Federal Employment Agency approval, ac-cording to Sec. 2 sub. 1 no. 2 (a) of the German Employment Ordinance. Sec. 2 sub. 2 stipulates a regulation for jobs where there is a shortage of applicants.

Applicants who cannot enter Germany on a visa-free basis have to apply for a visa for the purpose of employment. A tourist visa is not suf-ficient. The EU Blue Card includes a temporary right of residence and can facilitate the granting of a permanent residence permit afterwards.

In establishing the Blue Card for highly quali-fied migrants and employers, the European Com-

mission is working to meet its objective to make the EU the most competitive and dynamic knowl-edge-based economy in the world.

As a leading global business services provider, TMF Group assists companies with EU Blue Card application.

Christian Glagla Head of Service Department HR Volljurist/LawyerTMF Deutschland AGEschenheimer Anlage 160316 Frankfurt/MT +49 6966 36980E christian.glagla@ tmf-group.comW www.tmf-group.com

a d v e r t o r i a l

The EU Blue Card from a German perspective

Plugging into Battery Storage – Legal Aspectsnies recently announced home battery systems and received positive public responses. Their pilot projects lever-age technology developed for electric car batteries to create a way for home owners and business to store power.

Entering new markets, however, entails a number of economic risks and legal questions. One important aspect, for example, is whether the EEG levy (according to the Renewable Energies Act EEG) will have to be paid.

Many questions concerning bat-tery storage are yet to be answered. At METIS Rechtsanwälte we are work-ing on legal solutions for this market because we believe that battery stor-age may indeed be one of the next big things in the market.

With an increasing share of renewables, energy storage has become one of the key challenges

for the energy market. But the market is complex and regulated, and storage providers need to thoroughly evaluate their business case including legal and tax aspects of battery-based energy storage.

Current decentralized energy pro-duction with its increasing share of renewable sources heavily depends on the time of day, the season and weather conditions. A continuous energy supply cannot be taken for granted. Possible blackouts pose risks for the market and the political agenda. Investors investing in energy are worried about negative

electricity prices. Market participants increasingly recognize that legislative intervention will be required.

In certain cases – situations char-acterized by overproduction or under-consumption – energy production is neither lucrative nor otherwise worth-while. So with inflexible production, the energy market has become increasingly volatile.

In this challenge lies opportunity for innovation. Battery-based energy stor-age can supply more flexibility to the grid, thus stabilizing electricity prices while ensuring a stable and abundant energy supply.

Innovative companies like Tesla and Quandt/BMW are actively working to leverage this opportunity. Both compa-

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September 2015 commerce germany 13

Macquarie’s global expertise is built around client services. The company offers a broad range of financial services from advisory and capital

markets, trading and hedging, funds and asset management, asset finance and financing, as well as retail financial services.

In Germany, Macquarie is primarily active in investment banking services and managing infra-structure funds. In the last five years, Macquarie has been one of the most active investment banks in Germany with more than 25 completed transactions since 2014.

Through its infrastructure funds management unit MIRA – the world’s largest infrastructure as-set manager with over $100 billion in assets under management – Macquarie has also significantly in-vested in some of the largest European infrastruc-ture and utility companies such as Thames Water (United Kingdom), Brussels Airport (Belgium) or Copenhagen Airports (Denmark). In Germany, MIRA has invested in companies with an aggre-gate enterprise value of more than $10 billion such as Techem, Thyssengas or Open Grid Europe.

▸ ▸ Modernizing infrastructure ▸ ▸ Investments offering sustainable returns

▸ ▸ Attracting private capital for public infrastructure

Public infrastructure in Germany, such as highways and bridges, requires significant im-provements and upgrades. Experts estimate the investment backlog in public infrastructure to ex-ceed $100 billion. However, government, federal states and municipalities lack the required finan-cial resources to make these investments.

On the other side, pension funds and insur-ance companies are facing the challenge to generate attractive returns in order to meet their future payment obligations during the current low interest rate environment. They are looking for investment opportunities with an attractive risk-return profile.

▸ ABOUT THE COMPANY

Macquarie is a global financial services provid-er with a current market capitalization of approximately $20 billion. Founded in 1969, Macquarie is headquartered in Sydney, main-tains offices in 28 countries and employs around 14,000 people.

Dr. Rainer LangelHead of Macquarie Germany, Austria and SwitzerlandOpernTurm, Bockenheimer Landstr. 2-460306 Frankfurt/MT +49 69 509578426E Rainer.Langel@ macquarie.comW www.macquarie.com

Bringing the two sides together for private in-vestments in public infrastructure can help solve both challenges. Macquarie has an unrivalled track record in infrastructure asset management.

From this experience, Macquarie supports political discussions on the topic of how to attract private capital and in particular pen-sion fund money for infrastructure investments, contributing its know-how from a broad range of similar projects around the globe. However, it is still a long way to go until we achieve the necessary public consent in Germany to facilitate private investments into public infrastructure.

e x e c u t i v e m e m b e r s p o t l i g h t

Infrastructure: Still Pioneering for Investors

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arie

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14 commerce germany September 2015

p o l i c y i s s u e s

Berlin, June 11. The concept of Corporate Re-sponsibility (CR) covers companies’ voluntary commitment to responsible actions in the fields of environment, employees and society. But what role do companies play in implementing the United Nations Sustainable Development Goals (SDGs)? And how can they increase the positive effects of their entrepreneurial activities through cooperation with other stakeholders? These were some of the questions discussed at the event “Corporate Responsibility 2015 – Gemeinsam global handeln”. The joint event of the CR Com-mittee with the Deutsche Gesellschaft für Inter-nationale Zusammenarbeit (GIZ) and Frankfurt Business Media marked the launch of the tenth edition of the Corporate Responsibility book.

With guests from politics, business and NGOs, the speakers explored corporate responsibility from various point of views. US Ambassador John B. Emerson held the introductory note and pro-vided insights on the US perspective on the topic. “Of course, companies need a government that supports their activities, but conversely, govern-ments rely on businesses to achieve sustainable growth and a sustainable development,” he said. Bernhard Felmberg of the Federal Ministry for Economic Cooperation and Development (BMZ) shared a governmental point of view: “Entrepre-neurial success and sustainable development are interdependent. Companies will only be success-ful in the long term, if they equally focus on all three dimensions of sustainability.”

Following the two impulse statements, best practices were shared by Nanda Bergstein, Head of Vendor Relations and Sustainability at Tchibo, Uwe Kleinert, Head of Corporate Responsibility and Sustainability at Coca-Cola Deutschland, and Niclaus Bergmann, Manag-ing Director of Sparkassenstiftung International Cooperations. The presentations were followed by a discussion session with experts from the Deutsche Global Compact Netzwerk (DGCN) and PricewaterhouseCoopers (PwC).

Gemeinsam Global Handeln – Best Practices in CR

When the going gets tough…

Interim Management in Finance/Accounting/Controlling Committed & Professional

Ad hoc/vacancy/sick leave bridging, startup of business sites in Germany 20years+ professional experience in dynamic environments and US head-

quartered companies, mainly Software/IT Familiar with all aspects of Finance, managerial as well as operational Strong SOX background, SSC implementation, Sales Controlling, German

& US GAAP & IFRS and more Hands on, computer literate, multi-lingual, business partner oriented

If you need someone to go the extra mile for your business, we should talk!

PCS Schlessing GmbH — Bodo Schlessing, Managing Director — Im Ruessel 7 — 64839 Muenster

(Germany, Frankfurt area) — Phone +49 (0)178 695 5358 — email: [email protected] www.pcs-schlessing.de

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September 2015 commerce germany 15

Committees Debate Grexit ScenariosFrankfurt, May 26. Possible scenarios for a “Grexit” were discussed during a joint Financial Services and Corporate & Business Law Com-mittee Meeting. Dr. Jens Rinze, Squire Patton Boggs LLP, explained how it would be legally possible for Greece to leave the Eurozone with-out leaving the EU itself and without changing the treaties. Prof. Michael Haliassos, Director of the Center for Financial Studies of the Goethe University, gave valuable insights into structural problems and the political environment of his home country Greece.

Digital Challenges and Opportunities in the Banking IndustryFrankfurt/M, July 14. Digital challenges and opportunities in the banking industry were dis-cussed during a Financial Services Committee Meeting in Frankfurt/M. Bernd Richter, a con-sultant of Capco, explained how fintech innova-tion is reshaping the future of financial services, and illustrated how banks can and should react. Dr. Markus Pertlwieser, COO Private & Busi-ness Clients at Deutsche Bank, presented best practice cases and provided insight into the im-plementation of digital innovations at Germany’s largest bank.

Berlin, June 8. The Social and Labor Affairs Committee met with Karl Schiewerling, MdB, Spokesman of the CDU/CSU Bundestagsfraktion on the Committee on Employment and Social Affairs, to share their views on labor-law-related topics such as minimum wage and women’s quota.

Another focus of the meeting was Work 4.0, expected to play an important role for future committee work in the second half of 2015.

Ten years of corporate responsibility (CR) trends and development – the tenth edition of the annual “Corporate Responsibility” book jointly published by AmCham Germany and Frankfurt Business Media – Der F.A.Z.-Fachverlag is now available for orders and online.

The publication provides insights into a wide range of CR activities carried out by companies in Germany as well as the role these activities play in social and economic development.

Highlights include major trends and practices from the annual trend survey among members of AmCham Germany. 22 companies – from 3M, through Coca-Cola and McDonald’s to ZF Friedrichshafen share practical examples, how

they have integrated CR into their companies. Contributions from experts supplement compa-nies’ best-practice reports.

▸ The publication "Corporate Responsi-bility 2015 – Bestandsaufnahme und Zukunftsperspektiven für Corporate Responsibility" (in German) is available online under

www.amcham.de/publications/ corporate-responsibility

To order a hard copy of the publica-

tion please contact Lena Verbeek at [email protected]

Work 4.0 Focus Area for Social and Labor Affairs Committee

Anniversary Edition of “Corporate Responsibility” Publication

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16 commerce germany September 2015

p o l i c y i s s u e s

▾ What aspect of transatlantic relations works best?

▵ The transatlantic partnership is very important for our countries and our people. For decades it has been a guarantee for peace, freedom and economic prosperity – and this will remain so for the future.

▾ What changes to the transatlantic relation-ship are necessary?

▵ To maintain the advantages of the transatlan-tic partnership, we have to strengthen the trust of our people in these relationships. We need to convince them of the benefits for their lives and for both our countries.

At the same time, we have to demonstrate to them that good transatlantic relationships do not hinder but create opportunities to also expand relationships with other countries, and thereby help to solve the challenges we face in today’s world.

▾ What was the last book you read?

▵ I was on vacation – so it was not a business book. It was “Wild: from lost to found on the Pa-cific Crest Trail” by Cheryl Strayed. I really enjoyed following the adventure, although I don’t know if I would be brave enough to start this walk by myself.

▾ What is your favorite German/American food or dish?

▵ In America I love a good burger – served in a good food truck or one small chic restaurant. In Germany I am not a big fan of Currywurst, although I live in Berlin, but I like the Weißwurst with sweet mustard, especially when in Munich.

▾ Who, living or dead, do you admire most?

▵ I don’t have one single hero I admire. I tend to admire lots of people, for small or big things they do on a daily basis, and I try to learn from them: my parents – for their love and patience in raising my brother and me, some of my friends – for the work they do to support less privileged children, Angela Merkel – for the way she deals with very complex international issues.

▾ What is your favorite place in the US or Ger-many and why?

▵ In the US I have several places I love: Atlan-ta – the first city I visited and the birth place of Coca-Cola, San Francisco, Chicago, New York – I like them equally for their architecture and the overall feeling, especially in nice weather. Very high on my to-do list is a trip across the national parks in a camper van.

In Germany I love Berlin out of all the big cities. I live in Berlin and I think it has a great mix of cultures and colors and things to do. I have just explored the north of Germany recently and discovered the great castle of Schwerin and the lively beach of Travemünde.

a m c h a m g e r m a n y a s k s

Bianca BourbonGeneral ManagerCoca-Cola GmbHW www.coca-cola- deutschland.de

Bad Homburg, June 24. AmCham Germany tack-led the issues healthcare and TTIP with a high-level panel discussion titled “TTIP – a necessary step towards an improved transatlantic econ-omy?” Hosted by Lilly Deutschland at its head-quarters in Bad Homburg, the event featured stakeholders from the healthcare and chemical industries, trade unions and the EU Commission representing a broad spectrum of perspectives and opinions on TTIP and its implications.

Simone Thomsen, General Manager, Lilly Deutschland, underlined the importance of a constructive and objective dialogue on the TTIP negotiations. Too often, the discussion focused too much on the challenges of the trade and investment partnership, and falls short of point-ing out the chances the agreement will bring for companies and their employees.

Key findings: For the further development of the healthcare industry on both sides of the Atlantic, TTIP is of significant importance. Chanc-

es include easier market access for pharmaceuti-cal and chemical products, recognition of stand-ards and positive effects on jobs. The European Union and the US are not only the two largest

markets for pharmaceutical and medical prod-ucts – eight out of the ten of the largest global healthcare companies are located in these two regions of the world.

TTIP: Chances for Healthcare and Chemical Industries

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September 2015 commerce germany 17

s p e c i a l r e p o r t

Berlin, July 9-10. Halfway through this year’s US-German Internship Program, the participants gathered in Berlin for the program’s annual get-together. Dur-

ing the two-day event, the 24 students from US partner universities met with state and national representatives from the US and German gov-ernments to discuss economic and trade issues that affect the transatlantic relationship. They exchanged ideas and experiences and explored Germany’s bustling capital.

The program also included a visit to the North Rhine-Westphalia Office of Federal Affairs, where Sieglinde von Wasielewski greeted the group and gave an overview of the state and its ties to the US. A boat cruise on the River Spree presented the interns with a different perspective of Berlin’s numerous sights.

The interns also visited the US Embassy. Diplomats Jim McCracken, John D. Spykerman and Jim Boughner welcomed the students to talk about current political and economic mat-ters. During the Q&A session that followed, the

Participants of the US-German Internship Program visited Berlin to meet with US and German government officials.

diplomats shared interesting insights into their foreign-service work. Afterwards, the group enjoyed a guided tour of the Reichstag build-ing, including the dome and the roof terrace, where they were informed about the functions and composition of the Parliament as well as facts about the history and architecture of the Reichstag. The day ended with a farewell din-ner to round off the official program of the get-together.

After two intensive and inspiring days, the in-terns left Germany’s capital with an awareness of contemporary social and cultural diversity as well as historical facets and a better understanding of German-American relations.

▸ For more information about how you and your company can get involved, please contact:

Katrin Utzinger Program Coordinator T +49 69 929104-50 E [email protected]

US Interns Meet in Berlin

▸ US-GERMAN INTERNSHIP PROGRAM

Established in 2010, the US-German Intern-ship Program’s purpose is to provide educa-tional internships to US-based university students abroad. The program is organized by AmCham Germany and BridgehouseLaw.

By enjoying a guided tour through the Reichstag, the interns learned a lot about Berlin’s political history as well as its status quo.

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18 commerce germany September 2015

i n v e s t m e n t r e g i o n

▾ What industries in Saxony are particularly strong?

▵ Nothnagel: With five vehicle and/or en-gine plants of Volkswagen, BMW and Porsche “Autoland Saxony” is one of Germany’s top automobile locations. At the same time, the state has evolved into one of the most dynamic life sciences regions in the country. Around 250 biotechnology, medical technology and phar-maceutical companies cooperate closely with more than thirty research institutions located here.

▵ Thalhammer: Saxony historically is strong in the automotive industry and mechanical en-gineering but it also has a tradition in micro-electronics that reaches back several decades. “Silicon Saxony” is Europe’s leading micro-electronics cluster, and the fifth largest in the world. Saxony stands for competence, crafts-manship, innovation and a superb industrial infrastructure.

▵ Benner: Not to forget logistics. Due to the in-frastructure built around the airports of Dresden and Halle/Leipzig and Saxony’s favorable geo-graphic location in the heart of Europe, the area is an important logistics hub.

▵ Dulig: The strongest industry sectors by share of industrial production are automotive industry (approximately 26% of industrial production), ICT/microelectronics (22%), mechanical engi-neering (13%), and manufacture of metal prod-ucts (8%).

▾ How can companies tap into this infrastruc-ture with their investments?

▵ Heckschen: Many Saxon companies search for cooperation partners in both the technical and the marketing functions, as well as in the fi-nancial field. Saxony has excellent networks that enable access to the Saxon industry. The clus-ters in the fields of automotive industry (AMZ), mechanical engineering (VEMASinnovativ) bio-technology and medical technology (biosaxony), semiconductor industry, micro- and nanoelec-

Saxony – Industrial Strength and Innovation

Martin Dulig, Saxon State Minister for Economic Affairs, Employment and Transport, and Deputy Premier of the Free

State of Saxony, and Peter Nothnagel, Managing Director of the Saxony Economic Development Corporation WFS

(Wirtschaftsförderung Sachsen), join Prof. Heribert Heckschen of Heckschen & van de Loo, Saxony Regional

Committee (Dresden) Chair, Doris E. Benner of Anwaltskanzlei Benner and Birgit Thalhammer of Pricewaterhouse-

Coopers, Saxony Regional Committee (Leipzig) Co-Chairs, in discussing their views on the thriving industries in Saxony.

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"Autoland Saxony": production sites for top-notch automobiles.

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September 2015 commerce germany 19

Saxony – Industrial Strength and Innovation

tronics (Silicon Saxony) are well organized and are open especially to foreign investors.

▵ Dulig: In addition, there are government sub-sidy programs promoting investment and innova-tion. As a first point of contact, companies can get in touch with Saxony Economic Development Corporation (WFS) ...

▵ Nothnagel: ... yes of course. We act as a guide for interested companies: from the first request, to establishing contact with cluster networks and local authorities, through to final decision-making and the follow-up process.

▾ What emerging sectors in the Saxony should investors know about?

▵ Dulig: Saxony has one of the leading research infrastructures in Europe, resulting in the emer-gence and growth of a number of highly innova-tive sectors in the region. These include biotech-nology, nanoelectronics and advanced materials. Other sectors such as software, aerospace and technical textiles have, consequently, also ex-perienced significant innovation and growth in Saxony.

▵ Benner: With all the intense research and development activities pursued by several Max Planck and Fraunhofer Institutes, and with the close connection to universities in Dresden, Freiberg and Leipzig, the life sciences companies in the region can tap into a great pool of young scientists.

▵ Nothnagel: Also, the environmental and energy technology sector has developed into an important economic factor. When it comes to renewable energy and increasing the efficiency of conventional and alternative energy systems and energy storage, Saxony is today considered to be one of the leading competence centers in Germany.

▾ How does AmCham Germany network in Saxony assist companies to take full advantage of the region?

▵ Dulig: AmCham Germany’s Regional Com-mittee Saxony promotes the growth of US com-panies in Saxony by ensuring their interests are reflected in the local economic decisions, and engages actively in networking activities.

▵ Heckschen: We have excellent contacts to the various networks that exist in Saxony. We are constantly in contact with the state govern-ment. Our cooperation with the Saxony Economic Development Corporation as well as local eco-nomic development agencies is working fine.

▵ Benner: AmCham Germany provides a plat-form for networking among the companies active in the region, and for getting to know the specific circumstances for doing business in the area.

▵ Thalhammer: With our network we can es-tablish competent contacts and can support in setting up German inbound investments from a legal and tax side. We can help families to find an international community and/or to integrate into a German community.

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GERMANY AND THE USKeeping the wheels of industry turning

The transatlantic economy accounts for around half of global GDP, with US-German trade at the heart of this activity. Find out what we can do for your business: www.gtai.com

AmCham_Anzeige_118x61.indd 1 22.04.15 16:28

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20 commerce germany September 2015

e v e n t r e p o r t

TIME IS WRITTEN IN THE STARS

Frankfurt/M, May 19. Guests at this Business Af-ter Hours event at the Jaeger-LeCoultre Boutique were welcomed by Managing Director Georg Myllynen to an evening dedicated to the stars. The Swiss watchmaker did not only showcase its latest astronomy-inspired creations, explaining the relation of astronomy and time measurement. Interested participants were given an introduction to the world of astronomy by Gertrud Hamers, Chair of the German Federation of Astrologers.

Munich, May 20. “Doing business in the US – Expectations and Reality” was the topic of a joint event of AmCham Germany with auditing and consultancy firm Rödl & Partner together with Phillips Nizer LLP and BW Bank. At this half-day Expert Forum, the presentations, case studies and discussions of subject experts from the participat-ing companies – Dr. Will Dendorfer, Partner at Rödl & Partner, New York, Dr. Dagmar Möller-Gosoge, Head of Tax Structuring and Interna-tional Tax Law at Rödl & Partner, Munich, Steven H. Thal, Counsel at Phillips Nizer LLP, New York, and Markus Schmauder, Head of Corporate & Institutional Banking Department in the New York branch of Landesbank Baden-Württemberg (LBBW) – provided insight into the current eco-nomical, legal and tax environment in the US and the special aspects of market entry, sales and pro-duction important to companies expanding into the country. Pictured here are the speakers.

INCORPORATION IN THE US

Erfurt, May 20. Members of the Thuringia Re-gional Chapter attended a Business After Hours event on the topic of incorporation in the US. Dr. Holger Ulbricht, Lawyer at Leese, Hilde-brandt, Esser, shared the special legal aspects of establishing a company in US and explained the differences to incorporating in Germany.

Düsseldorf, May 21. At this joint AmCham Germany-Noerr LLP Expert Briefing event, guests listened to John Kornblum, Senior Counsellor at Noerr LLP, Berlin, and former US-ambassador to Germany, Michael Molitoris, Partner at Noerr LLP, Munich, and Dr. Anke Meier, Partner at Noerr LLP, Frankfurt/M, speaking on the topic of risks inherent in US litigation and possible strategies for German companies. Their presen-

Frankfurt/M., June 18. Dr. Gerd Schwendinger and Dr. Lothar Harings, Partners at GvW Graf von Westphalen informed guests at this Expert Briefing about what to keep in mind when deal-

EXPERTISE IN CLEANING

Stuttgart, July 28. More than sixty guests at this Business After Hours event had the opportunity to participate in a factory tour at Alfred Kärcher GmbH & Co. KG in Winnenden, well-known for its cleaning equipment. They were greeted by Hartmut Jenner, Chairman of the Board at Alfred Kärcher GmbH & Co. KG, who gave an introductory presentation of the company before joining a tour around the premises.

IMPORTANT ASPECTS OF DOING BUSINESS IN THE US

ing with embargoes. They provided an overview of regions and countries concerned and intro-duced the audience to the legal underpinnings of export control.

LEGAL UNDERPINNINGS OF EXPORT CONTROL

tations explored the transatlantic differences in cultures of dispute, looked at large German cor-porations currently involved in class actions in the US, and explained the special aspects of US discovery proceedings. The podium was moder-ated by Dr. Jennifer Bryant, Senior Associate at Noerr LLP, Düsseldorf. After the speeches, the event was wrapped up by a Q&A session and a networking reception.

RISKS AND STRATEGIES FOR US LITIGATION

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September 2015 commerce germany 21

Munich, June 2. Close to one hundred partici-pants attended this Business After Hours event at Pimco Germany to learn about the investment management firm’s latest economic perspectives for the second half of 2015. Dr. Thomas Kressin, Head of the European Foreign Exchange Desk at Pimco, spoke on the cyclical outlook for the next six to twelve months in the light of recent developments. Pictured here are (from left): Dr. Alexander Honrath, Partner at Eversheds LLP; Christian von Sydow, Bavaria Regional Commit-tee Co-Chair; Kressin; and Andreas Würtenberg-er, Bavaria Regional Committee Co-Chair.

TRENDS IN REAL ESTATE

Düsseldorf, June 18. Participants at this Busi-ness After Hours event took to the terrace of the Dreischeibenhaus in Düsseldorf to listen to Marcel Abel, Managing Director of Jones Lang LaSalle, giving a presentation on the positive de-velopment of commercial real estate in Düsseldorf and its influence on the economic situation of the city. Pictured here are (from left): Axel Beetz Manager at Ernst&Young; Marc Battenstein, Man-aging Director of SPKG Battenstein; Abel; Patrick Schwarz-Schütte, Managing Director of Black Horse Investments; Olaf Gillert, International Head of Trade Marks and Design at TaylorWessing; and Henrik Meier, Senior Manager at RWE Group.

THE STORY OF BIG DATA

Frankfurt, July 16. Guest of this joint Expert Briefing Event of AmCham Germany and Kroll Ontrack took to the Museum of Communication to hear “The wonderful story of big data from the Victorian Internet until today” from Michael B. Hixson and Helmut Sauro, Senior Consultants for e-discovery and computer forensics at Kroll Ontrack. After the speeches the guests enjoyed an exclusive tour through the museum’s special exhibition „Around the world in 80 things".

ENERGY FOR TOMORROW

Hannover, June 16. This AmCham Germany Forum discussed the future demand for energy in the light of an increasing world population, a grow-ing middle class and strong economic growth in emerging markets. Gisela Seiler from Public and Government Affairs at ExxonMobil gave a speech looking into the world of energy of to-morrow, followed by a networking reception.

PUTTING GLOBAL MARKETS IN PERSPEKTIVE

MEGATRENDS FOR INNOVATION

Stuttgart, July 16. At this Business Luncheon, Prof. Michael Kaschke, Chairman of the Board of Carl Zeiss AG, shared how the global mega-trends of globalization and digitization have been translated into the innovation strategy of Zeiss. According to Kaschke, successful innova-

tion is the result of strategy, processes and an innovative company culture. Pictured here are (from left): Alexander Buck of Maritim Hotel Stuttgart; Kaschke; Prof. Gerhard Wegen, Baden- Württemberg Regional Committee Chair; Dr. Christoph Eppinger of Ebner Stolz.

Pictured here are (from left): Hans-Joachim Harms and Dr. Albert Holtmann-Scholten of the Lower Saxony Chamber of Agriculture; Jan Christian Janßen and Astrid Hamker of the Lower Saxony Council of Economic Advisors; Peter Meiwald, MdB (Alliance 90/The Greens); and Prof. Ulrich von Jeinsen, Lower Saxony Regional Committee Chair.

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22 commerce germany September 2015

e v e n t r e p o r t

BECOMING A TRULY GLOBAL PLAYER

Munich, July 20. Klaus Dittrich, Chairman and CEO of Messe München GmbH, gave a presenta-tion to participants at this Business After Hours event, highlighting the way of Messe München to becoming a truly global player. The event was wrapped up by a dinner buffet.

Pictured here are (from left): Dr. Wolfgang Thost, Partner at Atreus GmbH; Christian Hirsch, Partner at Civitas International Gmbh; Dittrich; and Andreas Würtenberger, Regional Committee Bavaria Co-Chair.

TRANSFORMATIONAL STRATEGY

Düsseldorf, May 6. At this Business Luncheon, Dr. Donatus Kaufmann, Member of the Board at ThyssenKrupp AG, provided perspective on the company´s "Strategic Way Forward" – a strate-gic transformation program to position Thyssen-Krupp as a diversified industrial group. Pictured here are (from left): Dr. Alexander Schröder-Frerkes, North Rhine-Westphalia Regional Com-mittee Chair; Kaufmann; and Werner L. Kanthak, AmCham Germany North Rhine-Westphalia Representative.

FUTURE OF MOBILITY

Düsseldorf, June 17. Guests at this Business Luncheon listened to Barb Samardzich, Chief Operating Officer at Ford of Europe, give a speech on the future of mobility. Improving the concepts of car sharing and integrated multi-modal trans-portation systems are core strategies to cope with the growing number of vehicles. Pictured here are (from left): Werner L. Kanthak, AmCham Ger- many North Rhine-Westphalia Representative; Samardzich; and Dr. Alexander Schröder-Frerkes, North Rhine-Westphalia Regional Committee Chair.

s u m m e r c e l e b r a t i o n s

July 3. Guests of the AmCham Germany US Independence Day celebration gathered on the terrace of the Schlosshotel Kronberg to watch the presentation of the colors by the Marine Security Guard (MSG) Detachment Frankfurt. Pictured here are Dr. Mark Hilgard (left), Rhein-Main Regional Committee Chair; and US Consul General Kevin C. Milas.

FRANKFURT/M

August 21. Guests enjoyed the traditional summer barbecue at Golfpark Meerbusch together with their families. Pictured here are (from left): Dr. Alexander Schröder-Frerkes, North Rhine-Westphalia Regional Committee Chair; Dr. Kristina Schröder-Frerkes; US Consul General Michael Keller; Sonja Keller.

DÜSSELDORF

September 4. The international summer barbecue in Berlin Grunewald rounded off AmCham Germany’s summer celebrations inviting guests to a late summer networking evening with a bow and arrow contest organized by Pfeilflug.com.

August 27. AmCham Germany again teamed up with other international chambers and Clubs for their international summer barbecue. Dirk Hilbert, Mayor of Dresden, (fifth from left) welcomed guests.

DRESDEN BERLIN

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September 2015 commerce germany 23

a c c e s s y o u r g l o b a l n e t w o r k

▾ Why is Japan an interesting investment loca-tion for American investors?

▵ Japan remains the third largest economy in the world, with top-tier technology, an unrivaled in-frastructure, one of the world’s most highly skilled populations and a unique perspective on how to solve problems that many in the US and other economies around the world seek to leverage.

▾ Please describe the economic partnership between the US and Japan.

▵ The strategic alliance between the US and Japan is as strong as ever, and the economic relationship remains vital and dynamic. Many US companies, large and small, remain active in this market and see opportunities in Japan.

▾ In what state is the Japanese economy in regards to the global economic crisis?

Japan – Leveraging Top-Tier Technology and Skills ▵ The Abe administration continues to pursue

progress under its economic policy framework known as “Abenomics.” Monetary easing and tar-geted fiscal stimulus seem to have achieved some progress. Structural reforms in regulatory and other areas aim at further stimulating economic growth in a wide array of sectors. Overall, economic analy-ses are optimistic on the outlook for long-term growth. Nominal GDP seems to be on a relatively steady upward trend since Abe took office, and the average real annualized GDP growth for the first half of 2015 looks to come in at about 1.5%.

▾ How does AmCham Japan support its mem-bers?

▵ The ACCJ carries out activities around three focus areas: networking, information sharing and advocacy. It provides a full range of support to members to carry out all aspects of those ac-tivities. We host over 500 events a year, bringing

▸ ABOUT AMCHAM JAPAN

AmCham Japan (ACCJ) was established in 1948 as a means of developing commerce between the US and Japan. Today the ACCJ has offices in Tokyo, Osaka and Nagoya, and represents approximately 3,000 members from more than 1,000 companies.

Ethan SchwalbeDirector for External AffairsAmCham JapanT +81 3 3433 8549 E [email protected] W http://www.accj.or.jp

together business professionals on a variety of occasions, from speaker events to networking sessions and working group meetings.

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24 commerce germany September 2015

c h a m b e r n e w s

a m c h a m g e r m a n y i n t h e p r e s s

According to Mattes, the reason lies in different error cultures. In the US there is more tolerance for failure, failures are more easily accepted: "In the US you can go bankrupt twice with the same company and it will count as good experience. It is a totally different culture." [...] Of course the conditions in the US are different, with less regulation. [...]To other board members attending the conference, Mattes says: "If you want to promote innovation, you have to provide your employees with

The trap of being averageAt the Handelsblatt conference "Pathfinder – Summit of the Future" in Berlin, Bernhard Mattes, Chairman of of Ford-Werke and President of AmChamGermany, spoke about in-novation, stating he misses a liberal spirit of innovation in German com-panies. [...]"When I look at Germany from an innovation perspective, then the US view the Bundesrepublik very posi-tively. Positively, because Germany has a great training system. Positive-

ly, because Germany is at the fore-front regarding research and devel-opment," says Mattes. "But when it comes to digital competence, Germa-ny has some catching up to do. In this aspect we’re not among the global leaders.” [...]"To innovate also means to leave the traditional path [...]," he says. "Nothing ventured, nothing gained. If I hear all this here today, I think we Germans should remember this old saying again and again. In the US people venture and gain." [...]

We mourn the loss of our Saxony Regional Committee Member

Prof. Dr. Wolfgang Donsbach,

who passed away unexpectedly in July at the age of 65.

He and his family are in our thoughts.

American Chamber of Commerce in Germany

Berlin Growth Company ForumBuilding on the successful inaugural event last year, the Growth Company Forum 2015 is an interactive half-day conference featuring keynotes from industry experts and other leaders, presentations by growth companies, startup pitches, and networking opportunities aimed at illuminating the cur-rent limits and possibilities of growth funding in Germany.

This year's Forum will take place on October 15, 2015 and will be held in Berlin at the ESMT European School of Management and Technology. The event is organized by AmCham Germany together with the German Startups Association and the German Technology Entrepreneurship Center (GTEC).

For more information and tickets please visit www.growthcompanyforum.de

For your 35% discount as an AmCham Germany member, please enter the following promotion code at the bottom of the registration page: AmCham_GCF15

Chamber Chat on "US Top 50"In the latest podcast in the Chamber Chat series, AmCham Germany Presi-dent Bernhard Mattes talks about this year’s Top 50 ranking of US compa-nies in Germany and the importance of innovation. He also provides some insight into the latest survey among AmCham Germany member companies on Germany as a business location. “To remain an influential global player, innova-tion and agility are important factors for Germany’s future economic development,” Mattes says.

To view our newest podcast please scan the QR code or visit our youtube channel

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September 2015 commerce germany 25

New Consul General in FrankfurtJames (Jim) W. Herman assumed office as the new US Consul General in Frankfurt on August 14, 2015. He is the Ambassador’s representative to the states of Hessen, Rhineland-Palatinate, Baden-Württem-berg and Saarland. As such, he leads the largest US consulate in the world.

Herman is a career Foreign Service Officer, with a rank of Minister Counselor. He previously served as the Executive Director in the Bureau of Consular Af-

fairs. He has over two decades of management, consular and policy experience with the US government. He led consular operations in India and El Salvador and worked as a consular officer in Guatemala, Japan, Italy and China.

the opportunities and the space to develop and invent things." [...](Translated from the original article by Dominik Butzmann as it appeared in Handelsblatt on May 8, 2015)

No free trade for corporates onlyMember companies of AmCham Germany discussed the impact of TTIP on the chemical and pharma in-dustry in Hesse during a high-level panel discussion on "TTIP – The end of democracy or an important step towards a better transatlantic econo-

my?", an event of AmCham Germa-ny, in Bad Homburg. [...]Dr. Ulf Schneider, Chairman of the Board at Fresenius, stressed [...] how important it is for companies with an interest in the free-trade agreement not to lose opinion leadership in the public debate. In fact, most repre-sentatives of the chemical and phar-ma industry agree in their positive stance towards the free-trade agree-ment, for example, because it could end lengthy multiple controls during drug approvals. [...] "... it could also

help patients if they receive their medicine more quickly," Schneider added.Joachim Hasenmeier, Member of the Board of Managing Directors at Boehringer Ingelheim, said: "If we don’t reach TTIP, but disconnect our-selves, and if the US then adopts common standards with Asian coun-tries, we will fall behind." All pan-elists emphasized that Germany de-pended on exports to and the economic partnership with the US. [...] Volker Weber, representative of

IG Bergbau, Chemie, Energie (the German union for employees in the mining, chemical and energy indus-tries), said: "...This is about a vision, about two value communities which belong together." He added that in the past, peace was often reached through trade, communication and joint research, and that this was equally important for the future. [...](Translated from the original article as it appeared in the Rhein-Main-Zeitung of Frank-furter Allgemeine Zeitung on June 26, 2015)

New Consul General in MunichJennifer D. Gavito assumed duty as US Consul General in Munich in August 2015.

Originally from Missouri, she most recently served for three years as the Chief of the Political Section at the US Consulate General in Jerusa-lem. Her service in Jerusalem followed one year as Foreign Affairs Policy Advisor to the US Africa Com-mand’s Directorate for Plans, Policies and Programs (J5) in Stuttgart. Prior assignments were in Dubai, Washington, Beirut, Nicaragua and Frankfurt.

Ninth Annual Transatlantic Business ConferenceThis year’s Annual Transatlantic Business Conference is scheduled to take place in Frankfurt on October 28 and 29. The annual fall conference explores critically important issues facing the transatlantic economic relationship. With keynote addresses, panel discussions and workshops, the conference serves as a discussion platform for transatlantic leaders.

The focus of this year’s event is the responsibility taken by business lead-ers in an ever more rapidly changing world. Organized by AmCham Germany and Frankfurt Business Media in cooperation with the Trans-Atlantic Busi-ness Council (TABC) and the Federation of German Industries e.V. (BDI) and co-organizers Commerzbank and Deloitte, the Annual Transatlantic Business Conference is an outstanding networking event for business, political and diplomatic decision makers.

For more information and tickets please visit www.transatlantikkonferenz.de/en

TR ANSATL ANTICBusiness Conference

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26 commerce germany September 2015

i m p r i n t

commerce germanyACC Verlag & Services GmbH Dipl.-Kfm. Andreas L.J. Povel, General Manager Börsenplatz 7-11, 60313 Frankfurt/M

Editorial and business offices Anna Katharina Schneider, Ines Ceylan T +49 69 929104-41, +49 69 929104-43 F +49 69 929104-11 E [email protected], [email protected] W www.amcham.de

Editorial team Christina Dier (responsible) Karen Herzog Representing FRANKFURT BUSINESS MEDIA GmbH – Der F.A.Z.-Fachverlag, Frankfurt/M

Graphic designer Giulia Brandts Representing FRANKFURT BUSINESS MEDIA GmbH – Der F.A.Z.-Fachverlag, Frankfurt/M

Advertising administration Sabine Karbowy Wilrijkplatz 3, 65527 Niedernhausen

Communications Committee Carl Graf von Hohenthal, Co-Chair Brunswick Group GmbH William Hood, Co-Chair Commpanions Werbeagentur GmbH

Photo credits Cover: Christian Kruppa p.27: koya79/iStock/Thinkstock; Gallup Pix/Photodisc/

Thinkstock; Frank Peters/iStock/Thinkstock; jax10289/iStock/Thinkstock; AndreyKrav/iStock/Thinkstock; Karisssa/iStock/Thinkstock; Bruce Rolff/Hemera/Thinkstock; Meinzahn/iStock Editorial/Thinkstock; MKucova/iStock/Thinkstock; supercat67/iStock/Thinkstock; Purestock/Thinkstock

commerce germany is the official periodical of the American Chamber of Commerce in Germany e.V. It is published for the Chamber by ACC Verlag & Services GmbH. Opinions expressed in articles are not necessarily those of the Chamber or of ACC Verlag & Services GmbH or of FRANKFURT BUSINESS MEDIA GmbH – Der F.A.Z.-Fachverlag. Contributor opinions are not necessarily shared by the editor. All members of the American Chamber of Commerce in Germany e.V. receive one free copy of the publication. Copyright by American Chamber of Commerce in Germany e.V. All rights reserved. The contents of this publication may not be reproduced in whole or in part without the consent of the copyright owner.

Alle Rechte vorbehalten. Nachdruck, auch auszugs-weise, nur mit ausdrücklicher Genehmigung des Verlags.

Printing Boschen Offsetdruck GmbH, Frankfurt/M ISSN 0010-2857

Index of companies Merck 7 Reverse Logistics GmbH 7 ExxonMobil Central Europe Holding GmbH 8 METIS Rechtsanwälte LLP 12 Macquarie Group 13 Coca-Cola GmbH 16

Advertisers’ index ARAG Allgemeine Rechtsschutz-Versicherungs-AG 2 Berlin Partner für Wirtschaft und Technologie GmbH  3 European American Business Organization, Inc. 9 TMF Deutschland AG 12 PCS Schleßing GmbH 14 Germany Trade and Invest  19, 28 Bayer Pharma AG 23

Our topics will include:

Business Intelligence – At the Heart of the Consumer

Special Report: AmCham Germany's 9th Annual Transatlantic Business Conference

Investment Region: North Rhine-Westphalia

Contact: Sabine KarbowyT +49 6127 9993150M +49 171 7579768F +49 6127 9993151E [email protected]

Contact:Barbara BöhnkeM +49 152 21895340M +49 178 7988882F +49 33398 679724E [email protected]

NEXT ISSUE OF COMMERCE GERMANY: December 10, 2015ADVERTISING CLOSING DATE: November 12, 2015

n e w m e m b e r s

EXECUTIVE

Alfred Kärcher GmbH & Co. KGHartmut Jenner, Chief Executive Officer, Chairman of the Management BoardWinnenden

BILSTEIN GROUPMarc T. Oehler, CEOHagen

Klöckner & Co SEGisbert Rühl, CEODuisburg

Macquarie Capital (Europe) LimitedNiederlassung DeutschlandDr. Rainer Langel, Head Germany, Austria, SwitzerlandFrankfurt/M

CORPORATE MEMBERS

Belmonte Trade International Inc.Ovidiu M. Deac, PresidentMaspeth, NY

budig | ConsultingDipl.-Pol. Michael BudigBremen

FAS AGIngo Weber, CEOStuttgart

GENPACTJulien Rey, Business DevelopmentFrankfurt/M

GEZE GmbHBrigitte Vöster-Alber, Vorsitzende der GeschäftsleitungLeonberg

June to September

King & Spalding LLPMario Leißner, Managing PartnerFrankfurt/M

MT-ConsultConsulting Engineers for Medical TechnologyDipl.-Ing. Christoph R. Manegold, CEODüsseldorf

Okanda AGDirk Führer, CEO & Co-FounderWiesbaden

Patentanwaltskanzlei Dr.-Ing. Ch. HolzDr.-Ing. Christian Holz, Owner Hannover

Schneider + Partner GmbHWirtschaftsprüfungs- undSteuerberatungsgesellschaftKlaus Schneider, GeschäftsführerMünchen

SThree GmbHAlex Gerritsen, GeschäftsführerFrankfurt/M

Yelp Deutschland GmbHFlorian Döllner, Head of Public Policy GermanyHamburg

DELEGATED MEMBERS

Baker & McKenziePartnerschaft von Rechtsanwälten, Wirtschaftsprüfern undSteuerberatern mbBDr. Jürgen Mark

CSCNiels Pelz

Ford-Werke GmbHRainer LudwigRüdiger Minrath

Fritz Dräxlmaier GmbH & Co. KGBarbara Bergmeier

KPMG AGWirtschaftsprüfungs- gesellschaftMatthias Hülsmann

Lone Star Germany Acquisitions GmbHDr. Claus Nolting

Molecular Health GmbHDipl.-Volksw. Erich Funke Michael W. Hechler Carla MertensDr. Alexander Picker

Morgan Stanley Bank AGOliver Behrens

QVC Handel LLC & Co. KGScott Crossin

Radisson Blu Hotel FrankfurtStephanie Schomburg

Reverse Logistics GmbHDipl.-Ing. Nadine Rühle-Niestroy

UBER GmbHAndreas Weinberger

vitaliberty GmbHFlorine von Caprivi

INDIVIDUAL MEMBERS

Rüdiger MöhlerPeter L. NestNutan NiphadkarMarca RobinsonAndreas ScheuermannDirk SiebertSimone TornowFelix Wolf

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September 2015 commerce germany 27

c h a m b e r c a l e n d a r

AmCham Germany 2015 event highlights

Please see www.amcham.defor the latest updates

Light blue = events wholly orpartially in English

September 24

TTIP Symposium

AmCham Germany, Verband der Automo-bilindustrie (VDA) and Atlantik-Brücke

Frankfurt/M

September 24

President’s Dinner

Prof. Rupert StadlerChairman of the Board of Management, Audi AGMember of the Board, Volkswagen AGTopic: Freedom of MovementFrankfurt/M

September 29

Opening Reception

12th Handelsblatt conference on security policy and defense industry

Berlin

September 30

Business Luncheon

Dr. Willem HuismanPresidentDow Deutschland Inc.

Topic: Energie und Nachhaltigkeit

Düsseldorf

October 7

AmCham Germany Forum

Karl-Heinz StreibichCEOSoftware AG

Topic: Digital Disruption

Munich

October 14

Business Luncheon

Tina MüllerCMO and Member of theOpel Group Board

Topic: Umparken in Kopf

Frankfurt/M

October 14

Business Luncheon

Jennifer GavitoUS Consul General

Munich

October 15

2015 Growth Company Forum

Berlin

October 21

Business Luncheon

Rainer Meyer zum FeldeBrigadier General and Defense AdvisorGerman NATO Representative

Düsseldorf

October 28-29

Ninth Annual Transatlantic Business ConferenceThe Transatlantic Marketplace – Challenges and Opportunities Beyond 2015

Frankfurt/M

November 5

Thanksgiving Dinner

Hamburg

November 16

AmCham Germany Forum

Fred Kogel VorstandConstantin Medien AG

Topic: Zukunft des Fernsehens

Berlin

November 18

AmCham Germany Forum

Dr. Claus LehnerCEOGBW GmbH

München

December 3

Goose Dinner

Berlin

December 11

Swinging Xmas

Stuttgart

November 26

Thanksgiving DayFederal holiday in the US

Thanksgiving Dinners

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GERMANY AND THE USA – A PARTNERSHIP THAT WORKSTogether Germany and the US keep the wheels of the global economy turning. The transat-lantic economy accounts for around half of global GDP, with US-German trade at the heart of this activity. Our shared manufacturing tradition, technological leadership and world-class people allow us to create the solutions required for tomorrow’s markets. They are also the motor driving sustainable economic growth on both sides of the Atlantic.

Find out what we can do for your business: www.gtai.com

GERMANY AND THE US Keeping the wheels of

industry turning

AmCham_Anzeige.indd 1 22.04.15 16:30